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FERC Approves Change in Allocation of NYISO Costs

FERC has approved a change in the allocation of NYISO's budgeted annual operating costs and Commission-assessed regulatory fees among NYISO market participants, with the new allocation to be maintained for a period of at least five years.

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Briefly

The New York PSC approved without modification a revised auction plan for the divestiture of fossil generation owned by Rochester Gas & Electric and an affiliate (10/24) . As previously reported, the revised auction plan separates the original bundle of assets to remove less attractive assets, in…

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FERC Drops Proposal Limiting Capacity Release by Affiliates

In a final rule, FERC has dropped its earlier proposal to require that, if more than one affiliate of the same entity participates in an interstate natural gas pipeline open season, then none of those affiliates may release any capacity obtained in that open season pursuant to a pro rata allocation…

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Entergy to Purchase Rhode Island State Energy Center from NextEra

Entergy Corporation announced this morning that it has reached an agreement with a subsidiary of NextEra Energy Resources, LLC to acquire the Rhode Island State Energy Center, a 550-megawatt power plant located in Johnston, Rhode Island, for approximately $346 million, subject to closing adjustments…

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